DKSH and S&J sign joint venture agreement December 19, 2019


			
				DKSH and S&J sign joint venture agreement

DKSH and S&J, the leading beauty and personal care innovator and manufacturer, join forces to develop, manufacture and market best-in-class beauty and personal care brands and products to consumers across Asia.

Media release

DKSH and S&J sign joint venture agreement

DKSH and S&J, the leading beauty and personal care innovator and manufacturer, join forces to develop, manufacture and market best-in-class beauty and personal care brands and products to consumers across Asia.

Bangkok, Thailand, December 18, 2019 – DKSH Business Unit Consumer Goods, a leading partner for fast moving consumer goods companies seeking to grow their business in Asia, has signed a joint-venture agreement today with S&J International, a leading beauty and personal care innovation and manufacturing company based in Thailand.  

 

Both entities will be holding a 50 percent stake in the joint venture. Through this partnership, DKSH will complement its existing portfolio of fast-moving consumer goods and enter the lucrative beauty and personal care market. DKSH has a proven track record for growing Consumer Goods brands in the region and with S&J’s capabilities in innovation and manufacturing for global brands, the complimentary synergies in this joint-venture will create an exceptional platform for both companies to continue to grow.

 

"We are proud to be working with S&J and to be delivering high-quality beauty and personal care products to consumers across the region," says Terry Seremetis, Head of Consumer Goods, DKSH. "With S&J, we have found the right partner with a deep understanding for consumers in Asia. We see enormous potential in the personal care industry. With this joint venture, we will be at the forefront, addressing trends and gaps in the market."

 

“With DKSH, we have found the ideal partner to jointly develop, manufacture and market exciting cosmetic and skincare brands for the Asian consumers. DKSH has a proven track record for growing consumer goods brands in the region and with our capabilities in innovation and manufacturing, we in this Joint Venture, have the expertise and experience to tap into and participate in the growing beauty care market,” said Thirasak Vikitset, Managing Director of S&J International.